secwatch.observer — SEC 8-K summary
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Issuer:     FiscalNote Holdings, Inc. (NOTE)
CIK:        0001823466
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0000950170-23-020115
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FiscalNote Q1 revenue up 21% to $31.5M; reiterates FY guidance, expects Q4 EBITDA positive
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- Revenue of $31.5M (+21% YoY); subscription revenue up 25% YoY, 90% of total revenue.
- GAAP net loss of $19.3M; adjusted EBITDA loss of $7.0M, consistent with guidance.
- Reiterates FY2023 revenue guidance of $136-141M; expects positive adjusted EBITDA by Q4 2023.
- ARR of $119M as of March 31, 2023 (+19% YoY); organic ARR growth 9% pro forma.
- Operational highlights: OpenAI ChatGPT plugin launch partner, Dragonfly acquisition, four new AI patents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823466/000095017023020115/0000950170-23-020115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823466/000095017023020115/note-20230510.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-020115

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer